Paysafecard
Country: Austria (AT) | Payment Rail: closed_loop_wallet
PrepaidVoucher
Market Adoption: 5%
Paysafecard is a world-renowned prepaid voucher and digital cash payment solution originating from Austria, featuring 16-digit prepaid PIN codes and privacy protection and widely used for gaming credits, digital entertainment, streaming, and online microtransactions.
🔄 User Payment Flow
- Customer purchases a Paysafecard voucher at retail outlets (tobacconists, supermarkets, petrol stations) or online
- Customer selects Paysafecard at merchant checkout
- Customer enters 16-digit PIN code or logs into myPaysafecard wallet account
- Voucher balance is debited instantly and transaction is confirmed
⚙️ Characteristics & Settlement
| Instant Payment | YES |
| Supports QR | NO |
| Supports Recurring | NO |
| Supports Refund | YES |
🛠️ Merchant Integration Steps
- Merchant integrates Paysafecard via PSP or direct Paysafe API
- PSP handles PIN validation and balance deduction synchronously
- Merchant delivers digital goods or gaming credits immediately
🚀 Supported Payment Gateways & Acquirers (PSPs)
🔌 Adyen